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Craton Equity Partners invests in Rypos

21 October 2009

Diesel particulate filter manufacturer Rypos Inc has secured US$8 million in funding from Craton Equity Partners, a California clean technology fund.

Founded in 1996 by a group of scientists and entrepreneurs, Rypos specializes in diesel particulate filter technology.

“Rypos is committed to leading clean air initiatives in California and across the nation. The company’s diesel particulate filters are the most advanced after market solution to controlling harmful emissions from diesel engines,” said Bob MacDonald, managing partner of Craton Equity Partners. “These emissions are a major contributor to particulate matter (PM) that has been identified by health experts and the California Air Resources Board as contributing to a variety of lung related illnesses and increasing the risk of cancer in humans. The work that Rypos is doing is critical to reducing this risk to public health.”
 
“The demand for high quality diesel particulate filters due to California and EPA regulations has fueled Rypos’ rapid growth,” said Peter Bransfield, CEO of Rypos. “Craton’s immersion in the regulations and technology that will impact environmental quality is extensive and will provide Rypos with new channels to meet the needs of the marketplace.”

 

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